New York City  »  11378  »  48th St  »  5465 48th St

54-65 48th Street, Maspeth, NY 11378 Property Information

54-65 48th Street, Maspeth, NY 11378 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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54-65 48th Street, Maspeth, NY 11378 1
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Address

Primary address 54-65 48th Street
Secondary address 54 48th St
Neighborhood Maspeth
Zip code 11378
Borough Queens
Block & lot 02557-0070

Sales & Tax Overview for 54-65 48th Street, Maspeth

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 08/01/2023
Purchase price $3,841,097
Tax class
Estimated property tax $81,210

Lot & Building Information for 54-65 48th Street, Maspeth

Lot sq. ft. 18,456
Lot dimensions 142 ft x 171 ft
Property type Office Only - 1 Story (O1)
Building sqft 3,000
Building dimensions 60 ft x 50 ft
Buildings on lot 1
Stories 1
Year built 1930
Construction type
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Zoning & Use for 54-65 48th Street, Maspeth

Zoning
Qualified opportunity zone
Commercial units 1
Office sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 24
Community district 2
Closest police station 1.63 Miles
Closest fire station 0.87 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 54-65 48th Street, Maspeth

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 54-65 48th Street, Maspeth, NY 11378, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 54-65 48th Street, Maspeth, NY 11378, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 54 48th St, Maspeth, NY 11378
  • 56 48th St, Maspeth, NY 11378
  • 58 48th St, Maspeth, NY 11378
  • 60 48th St, Maspeth, NY 11378
  • 62 48th St, Maspeth, NY 11378
  • 64 48th St, Maspeth, NY 11378

About 54-65 48th Street, Maspeth

How many square feet does 54-65 48th Street, Maspeth, NY 11378 have?

This Office Only - 1 Story (O1) located at 54-65 48th Street, Maspeth, NY 11378 has a total of 3,000 square feet.

What is the year built & the current market value of 54-65 48th Street, Maspeth, NY 11378?

54-65 48th Street, Maspeth, NY 11378 was built in 1930 and has a current tax assessor's market value of $1,705,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 54-65 48th Street, Maspeth

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Property owner name for 54-65 48th Street, Maspeth, NY 11378
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Building contacts for 54-65 48th Street, Maspeth, NY 11378
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
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Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 54-65 48th Street, Maspeth

Create a free account to view the complete sales history for 54-65 48th Street, Maspeth, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/01/2023 $3,841,097
06/14/2023 $7,229,250
       
       
       
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Title Documents for 54-65 48th Street, Maspeth

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
03/14/2024 - D
04/25/2024 - R
Assignment of Leases and Rents
(2024042500606003)
03/14/2024 - D
04/25/2024 - R
Mortgage
(2024042500606002)
03/14/2024 - D
04/25/2024 - R
Deed
(2024042500606001)
08/01/2023 - D
08/07/2023 - R
Agreement
(2023080700130002)
08/01/2023 - D
08/07/2023 - R
Deed
(2023080700130001)
06/14/2023 - D
07/05/2023 - R
Deed
(2023063000832001)
03/31/2023 - D
04/04/2023 - R
Termination of Assign of L&R
(2023040400405002)
03/31/2023 - D
04/04/2023 - R
Satisfaction of Mortgage
(2023040400405001)
08/04/2020 - D
03/04/2021 - R
Assignment of Leases and Rents
(2021030101085006)
08/04/2020 - D
03/04/2021 - R
Agreement
(2021030101085005)
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R: Recorded date
D: Document date

Property Taxes for 54-65 48th Street, Maspeth

Access detailed property tax data for 54-65 48th Street, Maspeth, NY 11378. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $77,793
Estimated property tax: $81,210
Tax assessor's market value: $1,705,000
Assessed value: $767,250

Assessment History for 54-65 48th Street, Maspeth

Here's the assessment & property tax history for 54-65 48th Street, Maspeth, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $1,705,000 $767,250 $717,120 10.848% $77,793 $77,793 +3.49%
2024/25 $1,680,000 $756,000 $698,470 10.762% $75,169 $75,169 +2.72%
2023/24 $1,650,000 $742,500 $690,910 10.592% $73,181 $73,181 +17.24%
2022/23 $1,595,000 $717,750 $586,330 10.646% $62,421 $62,421 +16.53%
2021/22 $1,338,000 $602,100 $498,060 10.755% $53,566 $53,566 +23.12%

Permits for 54-65 48th Street, Maspeth

The complete history of permits filed for 54-65 48th Street, Maspeth, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
10/17/2008 Alteration type 3
09/10/2008 Alteration type 3
10/17/2005 Alteration type 1
10/30/1992 Alteration type 1
10/30/1992 Alteration type 1
10/30/1992 Subdivision: improved
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Queens Commercial Market Stats

Access a detailed real estate market overview of Queens so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Queens and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$426
-1.6% YoY
Median Price/Sqft Q4/2025
$457
11.4% YoY
Median Price/Sqft 2025
$445
4.3% YoY

Check out recently sold homes in Queens and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 47th St & Queens Blvd at SW Corner
Station lines 7
Distance (miles) 0.966
View subway map
Bus Routes
Name 48 ST/55 Av
Distance (miles) 0.014

Neighbors for 54-65 48th Street, Maspeth

Here are the neighbors for 54-65 48th Street, Maspeth, NY 11378.

Address Square feet Purchase date Purchase price
56-07 48th St, Maspeth 14,200 06/30/2011
56-02 56th St, Maspeth 4,874 12/02/2013
56-16 56th St, Maspeth 4,583 09/20/2013 $1,100,000
50-35 56th Rd, Maspeth 20,000 12/28/2021 $132,000,000
48-19 54th Rd, Maspeth 1,260 03/09/2018
56-06 56th St, Maspeth 4,764 12/03/2020
48-23 55th Ave, Maspeth 34,907 02/07/2020 $23,250,000
48-25 54th Rd, Maspeth 1,260 05/11/2020 $597,938
55-78 56th St, Maspeth 5,298 03/25/2024
48-23 54th Rd, Maspeth 1,260 12/18/2018 $550,000
55-80 56th St, Maspeth 7,112 04/10/2009 $1,300,000
48-21 54th Rd, Maspeth 1,440 04/02/2024
48-29 54th Rd, Maspeth 1,440 03/22/2012 $405,000
55-76 56th St, Maspeth 5,310 07/11/1996
48-27 54th Rd, Maspeth 1,260 12/29/2020 $645,000
48-26 54th Ave, Maspeth 1,260 01/14/1983
56-12 56th St, Maspeth 4,654 10/21/1996
48-17 54th Rd, Maspeth 1,260 12/22/2025
55-30 58th St, Maspeth 106,000 11/09/2016 $20,600,000
48-30 54th Ave, Maspeth 1,440 01/05/2022 $820,000
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